Charles City, Iowa – The Floyd County Board of Supervisors made property tax increases official Tuesday morning as they approved the county budget for fiscal year 2020.
Chairmen Doug Kamm addressed concerns brought to the board by county residents.
County wide property taxes will jump 27 percent, rural totals will jump 19 percent. If you owned a home assessed at $100,000, your tax rate rate would be about $1.50 per $1,000 taxable valuation for incorporated areas after rollbacks. In rural areas, the tax rate increases more than $1.68 per $1,000. These numbers don’t include other levies like schools or cities.
Part of the increase is due to the addition of a debt service levee for the 13.5 million dollar law enforcement center project.
Health insurance, Floyd County Medical Center’s funding request and other department specific additions influenced the increase.
County departments had to justify their budgets in front of the board and explain their numbers
Supervisor Linda Tjaden says most departments didn’t get everything they requested.
This is the first time since 2013 the supervisors have raised levy rates.